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Goodman to develop hub for Best Logistics in Nanjing

Goodman Group announced that it has secured a brownfield site in the Nanjing Jiangning Economic and Technology Development Zone, China, with the site to be named Goodman Nanjing Airport Logistics Centre. Goodman has simultaneously signed a second agreement with Best Logistics, a third-party logistics company, to develop a 76,400 sq m built-to-suit facility, comprised of two warehouses and a separate amenity centre.

Located in Nanjing Jiangning Economic and Technology Development Zone, Goodman Nanjing Airport Logistics Centre is in close proximity to downtown Nanjing with access to the airport express highway, Nanjing South Railway Station and the planned Kukou Newtown MTR Station. The existing property on the site will be refurbished and expanded to approximately 52,000 sq m, while a new warehouse and amenity centre with a combined total of 24,000 sq m will be developed. The entire development of 76,400 sq m will be leased to Best Logistics for a term of 10 years. The construction of the built-to-suit facility is scheduled to commence in November 2014, with an expected completion date of October 2015.

The agreement signed by Best Logistics at Goodman Nanjing Airport Logistics Centre supports the expansion of the customer’s business and enhances its integrated logistics service offering in the region through the consolidation of its e-commerce, transportation and express delivery business into one location.

Philip Pearce, Managing Director Greater China for Goodman, said, “We are delighted to strengthen our partnership with Best Logistics with the signing of this agreement. This is a testament to the quality of our projects, our proven capability and our ability to provide the best warehousing solutions to customers to support their changing business needs.”

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